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Corozal, Belize

The convenience of Belize sets it apart – the official language is English, it’s very easy to get residency status and they offer tons of special benefits to retirees.

Oh, and it’s got some pretty amazing scenery – lush forests and picturesque white-sand beaches.

“It’s got fantastic beaches,” Budd said. “Classic warm weather, lots of great outdoor swimming, boating and biking – there’s a high pleasure factor there,” he said. “And you get it a lot cheaper than you would in, say, California.”

One American couple built a ranch with a water view for $125,000, AARP said.

Photo: Justin Lewis | Getty Images || Source: AARP